NORTH ALABAMA ELECTRIC COOPERATIVE

Address
PO BOX 628
STEVENSON, AL 357720628
Contact
Website: http://www.naecoop.com
Phone: +1 (256) 437-2281
Nonprofit
NTEE: W80 - Public Utilities
EIN: 63-0153273

Mission

THE AIM OF NORTH ALABAMA ELECTRIC COOPERATIVE IS TO MAKE ELECTRIC ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
 20162015201420132012
Basic features of the organization
Year of formation1940
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$301,801.00$320,998.00$321,319.00$297,031.00$428,329.00
Sum of reportable (W2/1099) compensation$301,801.00$320,998.00$321,319.00$297,031.00$221,799.00
Number of employees5450454946
Number of people compensated >$100k11111
Number of volunteers00000
Number of highly compensated contractors333  
Personnel
, Paulk
TitleTRUSTEETRUSTEETRUSTEE  
Name of key/compensated personPAULKPAULKPAULK  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org10.0010.0010.00  
Reportable compensation from org$0.00$15,336.00$23,394.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Anderson, Martin
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personMARTIN ANDERSONMARTIN ANDERSONMARTIN ANDERSONMARTIN ANDERSONMARTIN ANDERSON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org24.0024.0024.0024.0024.00
Reportable compensation from org$13,672.00$13,298.00$12,382.00$12,693.00$10,442.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Crowder, Louis
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personLOUIS CROWDERLOUIS CROWDERLOUIS CROWDERLOUIS CROWDERLOUIS CROWDER
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$21,541.00$21,536.00$21,045.00$19,874.00$6,276.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Dover, Mark
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personMARK DOVERMARK DOVERMARK DOVERMARK DOVERMARK DOVER
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$21,541.00$21,536.00$21,645.00$20,474.00$6,443.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Goins, James
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personJAMES E GOINSJAMES E GOINSJAMES E GOINSJAMES E GOINSJAMES E GOINS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org10.0010.0010.0010.0010.00
Reportable compensation from org$13,989.00$13,237.00$16,048.00$18,410.00$7,366.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Hicks, Bryan
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personBRYAN HICKSBRYAN HICKSBRYAN HICKSBRYAN HICKSBRYAN HICKS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org11.0011.0011.0011.0011.00
Reportable compensation from org$20,941.00$20,936.00$20,445.00$19,274.00$5,944.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Miller, Leon
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person LEON MILLERLEON MILLERLEON MILLERLEON MILLER
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 10.0010.0010.0010.00
Reportable compensation from org $16,551.00$16,285.00$15,580.00$6,977.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Moss, Cc
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person CC MOSSCC MOSSCC MOSSCC MOSS
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 10.0010.0010.0010.00
Reportable compensation from org $9,065.00$9,685.00$9,885.00$8,959.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
O'Neal, James
TitleTRUSTEE    
Name of key/compensated personJAMES O'NEAL    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org10.00    
Reportable compensation from org$12,341.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purdy, Bruce
TitleGENERAL MANAGERGENERAL MANAGERGENERAL MANAGERGENERAL MANAGERGENERAL MANAGER
Name of key/compensated personBRUCE L PURDYBRUCE L PURDYBRUCE L PURDYBRUCE L PURDYBRUCE L PURDY
Position of compensated person
Average hours per week working for org57.0057.0057.0057.0057.00
Reportable compensation from org$162,790.00$162,828.00$153,609.00$153,660.00$152,862.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Townson, Willard
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personWILLARD TOWNSONWILLARD TOWNSONWILLARD TOWNSONWILLARD TOWNSONWILLARD TOWNSON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org12.0012.0012.0012.0012.00
Reportable compensation from org$11,122.00$10,904.00$11,490.00$11,201.00$9,305.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Tubbs, Parks
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personPARKS S TUBBSPARKS S TUBBSPARKS S TUBBSPARKS S TUBBSPARKS S TUBBS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org11.0011.0011.0011.0011.00
Reportable compensation from org$15,040.00$15,771.00$15,291.00$15,980.00$7,225.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Whitcher, Warren
TitleTRUSTEE    
Name of key/compensated personWARREN WHITCHER    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org10.00    
Reportable compensation from org$8,824.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPROVIDING ELECTRIC ENERGY TO ITS MEMBERSPROVIDING ELECTRIC ENERGY TO ITS MEMBERSPROVIDING ELECTRIC ENERGY TO ITS MEMBERSPROVIDING ELECTRIC ENERGY TO ITS MEMBERSPROVIDING ELECTRIC ENERGY TO ITS MEMBERS
Program service expenses, total$40,577,978.00$41,525,104.00$38,071,524.00$35,454,158.00 
Programs, including revenue & expenses
UTILIZING APPROXIMATELY 2,198 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 305,993,995 KWH'S OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERS
Program expenses$40,577,978.00$41,525,104.00$38,071,524.00$35,454,158.00 
Program descriptionUTILIZING APPROXIMATELY 2,198 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 305,993,995 KWH'S OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERSUTILIZING APPROXIMATELY 2,183 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 327,139,459 KWH'S OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERSUTILIZING APPROXIMATELY 2,181 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 331,476,057 KWH'S OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERSUTILIZING APPROXIMATELY 2,152 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 316,667,403 KWH'S OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERSUTILIZING APPROXIMATELY 2,158 MILES OF DISTRIBUTION LINES, NORTH ALABAMA ELECTRIC COOPERATIVE PROVIDED 306,785,331 KWHS OF ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERS.
Financial data
Revenue
Total revenue$40,194,116.00$40,470,117.00$37,680,661.00$35,957,916.00$34,619,966.00
Revenue from contributions (total) $0.00$0.00$0.00 
Investment income, current yr$76,541.00$128,222.00$102,243.00$107,304.00$115,994.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$510,516.00$535,743.00$515,456.00$514,653.00$506,874.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$39,607,059.00$39,806,152.00$37,062,962.00$35,335,959.00$33,997,098.00
Gross receipts$40,194,116.00$40,470,117.00$37,680,661.00$35,957,916.00$34,619,966.00
Other types of revenue
Income from dividends, interest, and similar investments$76,541.00$128,222.00$102,243.00$107,304.00$115,994.00
Net rental income$510,516.00$535,743.00$515,456.00$514,653.00$506,874.00
Expense categories (totals)
Total functional expenses: sum of all$40,577,978.00$41,525,104.00$38,071,524.00$35,454,158.00$35,215,841.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$43,464,105.00$38,858,649.00$37,775,141.00$39,681,222.00$36,444,209.00
Total assets, beginning of year$38,858,649.00$37,775,141.00$39,681,222.00$36,444,209.00$38,428,146.00
Total liabilities$26,681,664.00$21,993,167.00$18,658,781.00$19,230,108.00$16,844,212.00
Total liabilities, beginning of year$21,993,167.00$18,658,781.00$19,230,108.00$16,844,212.00$18,240,780.00
Net assets$16,782,441.00$16,865,482.00$19,116,360.00$20,451,114.00$19,599,997.00
Net assets, beginning of year$16,865,482.00$19,116,360.00$20,451,114.00$19,599,997.00$20,187,366.00
Other liabilities$12,068,707.00$11,954,968.00$10,437,762.00$9,041,182.00$9,023,200.00
Cash: non-interest bearing$6,396,292.00$3,698,242.00$5,337,838.00$5,640,369.00$6,933,710.00
Cash: non-interest bearing, beginning of year$3,698,242.00$5,337,838.00$5,640,369.00$6,933,710.00$4,952,621.00
Investments -- program-related$685,574.00$678,602.00$669,016.00$668,466.00$666,632.00
Inventories for sale or use$474,425.00$413,456.00$399,007.00$546,390.00$446,700.00
Other financial variables
Revenue less expenses-$383,862.00-$1,054,987.00-$390,863.00$503,758.00-$595,875.00
Savings & temp cash investment $752,242.00$750,000.00$500,000.00$500,000.00
Accounts receivable, net$3,454,999.00$4,110,174.00$3,868,750.00$6,691,924.00$2,622,861.00
Prepaid expenses & deferred charges$466,138.00$482,389.00$562,929.00$702,956.00$571,321.00
Accounts payable & accrued expenses$6,294,722.00$6,529,633.00$5,763,901.00$8,980,501.00$5,908,195.00
Deferred revenue   $0.00$874,727.00
Secured mortgages and notes payable$8,318,235.00$3,508,566.00$2,457,118.00$1,208,425.00$1,038,090.00
Total net assets or fund balances$16,782,441.00$16,865,482.00$19,116,360.00$20,451,114.00$19,599,997.00
Depreciation, depletion, amortization$1,439,968.00$1,394,249.00$1,355,847.00$1,304,554.00$1,267,792.00
Governance and accountability
Number of voting members99999
Number of independent voting members99999
Financial sheets auditedTrueTrueTrueTrueTrue
Relationships among key personnelTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2015-07-012014-07-012013-07-012012-07-012011-07-01
Tax year end date2016-06-012015-06-012014-06-012013-06-012012-06-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-07-202016-07-212014-12-292013-12-212013-02-12
IRS schema version2015v3.02014v6.02013v3.02012v2.12011v1.2
Filing identifier201720399349301437201600639349300110201403459349300410201313189349300736201340189349300014
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